International Monetary Fund

Payments figures add to pressure for IMF deal
Business

Payments figures add to pressure for IMF deal

The country's current account deficit narrowed in July-December, data showed on Thursday, but economists said it remained a major problem…
IMF mission due in Cairo Sunday to discuss economic reforms
Business

IMF mission due in Cairo Sunday to discuss economic reforms

  An International Monetary Fund delegation is due to arrive in Cairo on Sunday to renew discussions regarding economic reforms,…
Minister: Egypt does not need IMF bridging funding
Business

Minister: Egypt does not need IMF bridging funding

Egypt does not need bridging financing as offered by the International Monetary Fund to some countries, but rather broad structural…
US gives Egypt US$190 mn in aid
Egypt

US gives Egypt US$190 mn in aid

Egypt signed an agreement Sunday for US$190 million in aid from the US, Planning and International Cooperation Minister Ashraf al-Araby…
Inflation hits highest levels in more than two years
Business

Inflation hits highest levels in more than two years

The Central Agency for Public Mobilization and Statistics (CAPMAS) has announced that the annual inflation rate increased during February by…
Website: Egypt may consider urgent IMF loan
Business

Website: Egypt may consider urgent IMF loan

A senior Finance Ministry official has reportedly said the government may consider next week an International Monetary Fund offer to…
Sources claim IMF unhappy with reform program
Business

Sources claim IMF unhappy with reform program

An unnamed government official said Thursday that the International Monetary Fund is not satisfied with Egypt’s amended economic and social…
Qandil expects IMF loan approval soon
Business

Qandil expects IMF loan approval soon

The Cabinet issued an official invitation to the International Monetary Fund delegation to resume talks over a US$4.8 billion, according…
Egypt hopes for IMF deal by late April, minister says
Business

Egypt hopes for IMF deal by late April, minister says

Egypt hopes to conclude a deal with the International Monetary Fund for a $4.8 billion loan by the end of…
Ratings agency predicts further delay to IMF deal
Business

Ratings agency predicts further delay to IMF deal

Egypt's extended election timetable could delay a $4.8 billion IMF loan agreement until the third quarter, Fitch Ratings said Wednesday,…
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